Business


Ransomware cyber strike 'biggest in history'

Spain's Telefonica was among the companies hit. Only a small number of US -headquartered organizations were infected because the hackers appear to have begun the campaign by targeting organizations in Europe, said Vikram Thakur, research manager with security software maker Symantec.



NHS cyber -attack: Global Positioning System and hospitals hit by Ransomware

Separately on Saturday, finance chiefs from the Group of Seven rich countries will commit to join forces to fight the growing threat of global cyber attacks , according to a draft statement of a meeting they are holding in Bari, Italy. In April hackers known as The Shadow Brokers claimed to have stolen the tools from the NSA and released them online. All told, several cyber security firms said they had identified the malicious software, which so far has been responsible for tens of ...


Kosmos Energy discovers gas offshore Senegal

Kosmos Energy discovers gas offshore Senegal

After drilling the Yakaar-1 exploration well to a depth of around 4,700mts in about 2,550mts of water, the partners detected thick, stacked, reservoir sands spread across a huge area believed to have good porosity and permeability. The partners now intend to drill three more exploration wells in the coming 12 months offshore of Senegal and Mauritania. BP's investment in Kosmos last December was part of a spate of deals around the turn of the year aimed at rebuilding its depleted resource base.



First NBC Bank Holding Company (FNBC) Earns Media Impact Score of 0.10

The stock is trading $3.1997 its 50-day moving average by 3.0797%. The corporation has a market cap of US$2.07 Million. The RSI oscillates between zero and 100. First NBC Bank Holding Company has a 52 week low of $0.09 and a 52 week high of $20.29. First NBC Bank Holding Company has a consensus outperform rating from 4 Wall Street analysts, and the number of shares now sold short amount to at least 0% of shares outstanding.



Oil Returns to $50 as US Stocks Drop

US light crude oil was $1.28, or 2.8% higher at $47.16 USA a barrel. On average, however, Brent and WTI spot prices in April were 0.72 per barrel and 1.73 per barrel higher, respectively, than the March averages, said the report. Oil prices shot up over 3% overnight after data from the Energy Information Administration showed US crude stockpiles dropped 5.2 million barrels in the week ended May 5, far exceeding market expectations.


Tech Mahindra looks to lay off hundreds on 'performance' ground

Tech Mahindra looks to lay off hundreds on 'performance' ground

Faced with allegations of forcing its India employees to quit, Cognizant Technology Solutions (CTS), has sought time from the Telangana government to explain its position. The company has said that these redundancies are part of the normal appraisal cycle. "It is complete mayhem", said an industry insider. Wipro employs 1,81,482 as of March 2017.